20.12.2018 Views

Masterbatch Industry Capacity, Production, Revenue (Value) by Region Forecast 2025

Masterbatch Market size is expected to value at USD 15.81 billion by 2025, during the forecast period. The market is subject to witness a substantial growth due to the rise in the demand for plastics to substitute metal in end-user industries such as automobile, construction, consumer’s goods, and packaging

Masterbatch Market size is expected to value at USD 15.81 billion by 2025, during the forecast period. The market is subject to witness a substantial growth due to the rise in the demand for plastics to substitute metal in end-user industries such as automobile, construction, consumer’s goods, and packaging

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Rising adoption of the masterbatch is directly related to its functional properties like smoother surface finish<br />

and desired hardness. Rising preference towards packaged goods <strong>by</strong> consumers is predicted to impact the need<br />

for different plastic products. In such cases, adoption of masterbatches to enhance overall surface appearance<br />

of the plastic component has become vital. Such factors are tremendously contributing to the growth of<br />

masterbatch industry demand in recent years.<br />

There has been a substantial growth in packaging sector across the globe on the account of increase in e-<br />

commerce business. Numerous are focusing on appealing product packaging to draw potential customers, to<br />

gain maximum profit for their products. Adoption of masterbatches alongside various makes an attractive<br />

packaging is considered as one of the key factors for the expansion of this market.<br />

Browse Full Research Report @<br />

https://www.millioninsights.com/industry-reports/masterbatch-market<br />

Rise in the popularity of different variants of polyethylene including high density polyethylene, low-density<br />

polyethylene, and linear polyethylene, has accounted for increase in the adoption of polyethylene as a carrier<br />

polymer in various end-user industry segments. Polyethylene products allows of different shades formation<br />

during packaging that leads to easy product differentiation, thus driving growth the color masterbatch market<br />

segment over the forecast period. Adoption of polyethylene during automobile manufacturing is vital to make<br />

the surface of a vehicle glossy.<br />

<strong>Masterbatch</strong> (MB) is commonly termed as a solid or liquid additive that is utilized for coloring plastics and<br />

improving properties of plastics. <strong>Masterbatch</strong> is majorly differentiated between two categories such as addictive<br />

masterbatch and color masterbatch. Procedure involving production of masterbatch include formation of<br />

concentrated mixture consisting of pigments and additives that are compressed together at high temperature.<br />

This leads to formation of a carrier resin, later cooled and sliced into a granular shape. <strong>Masterbatch</strong> offers<br />

coloring of raw polymer economically during manufacturing processes.<br />

The market is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America<br />

and Africa. Europe has shown major growth in recent years owing to the rise adoption of latest methodologies<br />

and existence prominent industry players in the region. Asia-Pacific region is predicted to hold major market<br />

share in the masterbatch market with massive growth in forecast period.<br />

Countries such as India, China and Singapore are leading the Asia-Pacific market with increasing growth of<br />

packaging industry, consumer good market, and automobile sectors along with rise in building and construction<br />

activities. The key players in the masterbatch industry are A. Schulman Incorporations, Ampacet Co., Cabot Co.,<br />

Clariant AG, Plastiblends India Limited, and Global Colors Group.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!